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Tata Coffee's past
was rooted in 1922 when two companies
M/s Coorg Co. Ltd., London and M/s Pollibetta
Coffee Estates Co. Ltd., London both
managed by M/s Matheson & Co., combined
to form Consolidated Coffee Estates Ltd.,
Edinburgh.
In 1943, Consolidated
Coffee Estates Ltd., Edinburgh became a
full fledged Indian company headquartered
in Pollibeta. In the same year, the shares
in Consolidated Coffee Estates Limited (CCE)
were offered to the general public through
a prospectus, with the parent, Edinburgh
Company, being allotted a major share as
a consideration for transfer of its estates.
Shortly thereafter, during
the early part of the 1950-1960 decade,
the Edinburgh Company sold all its shareholdings
to the Indian public, relinquishing its
controlling interest in CCE and becoming
one of the first sterling plantation company
to become an Indian company.
During 1966-67, Volkart
properties in India, which included four
estates, two curing works and an export
division, merged with CCE, and the company
was renamed as the erstwhile Consolidated
Coffee Limited (CCL).
Tata Tea Limited, in a
trend setting and transparent open offer
to the resident shareholders, acquired a
controlling interest in CCL during 1991-1992.
CCL became the single
largest coffee plantation company in Asia
with its estates located in Kodagu, Hassan,
and Chikmagalur districts of Karnataka.
In a historic move in
September 1999, M/s Asian Coffee Ltd., M/s
Veerarajendra Estates Ltd., and M/s Charagni
Ltd., merged with CCL, and became the single
largest integrated plantation company in
the world.
In 2000, the company was
renamed as 'Tata Coffee Limited'.
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